HOME loan releases by the Pag-IBIG Fund posted double-digit growth in the first half of 2026.
Housing Secretary Jose Ramon Aliling reported that from January to June of this year, socialized home loans extended to minimum wage and low-income members reached P6.70 billion, up 118 percent from last year, while the number of units financed climbed 132 percent to 6,601.
It was also reported that socialized housing loans now account for 15 percent of total units financed by the Pag-IBIG Fund, which the agency said “underscores the growing share of low-income borrowers” in its overall lending.
The growth gave the agency’s total home loan releases to P69.19 billion for 43,051 units in the first half of the year, which is up 15 percent in amount and 9 percent in units financed compared with the P60.25 billion released in the same period in 2025.
Also, socialized housing financing more than doubled under President Ferdinand Marcos Jr.’s Expanded Pambansang Pabahay para sa Pilipino Program (Expanded 4PH)
“Our housing figures for the first half of the year reflect not just growth, but growth that reaches those who need it most. The sharp rise in socialized housing loans shows that our efforts to prioritize the unserved and underserved sectors, particularly minimum wage and low-income Filipinos, are gaining real traction,” Aliling was quoted as saying.
The housing secretary said Pag-IBIG’s strong performance in the first half of the year “reflects the results of the collaborative approach pursued by government and the private sector and provides a solid foundation to bring homeownership within reach of more Filipino families.”
“We have shown that the government can act by offering more affordable loans, a higher loan ceiling and faster processing. We now look forward to working even more closely with the private sector, especially our developer partners, to build more quality homes at prices our members can afford. By joining hands, we can help more Filipino families turn their dream of owning a home into reality,” Aliling said.
Pag-IBIG officials said their first-half performance “underscores the continuing demand for affordable home financing.”
The agency said to sustain momentum, it will continue offering its subsidized 3 percent rate for eligible socialized housing borrowers, while promotional rates of 4.5 percent and 5.75 percent have been made available for low-cost, medium-cost and open-market housing loans.
“To further improve affordability and sustain this momentum, Pag-IBIG Fund continues to offer its subsidized 3 percent rate for eligible socialized housing borrowers, while promotional rates of 4.5 percent and 5.75 percent have been made available for low-cost, medium-cost and open-market housing loans.
The agency has also increased its maximum housing loan amount to P10 million, broadening the range of housing options available to members,” the agency said in a statement.
Pag-IBIG Fund Chief Executive Officer Marilene Acosta said the gains in socialized housing were proof that the Expanded 4PH and Pag-IBIG Fund’s subsidized 3 percent rate helped more minimum wage and low-income members become homeowners themselves.
“Through the Expanded 4PH and our subsidized 3 percent rate, we have helped thousands more minimum wage and low-income members afford homes of their own, with monthly payments that can be lower than what their families would otherwise spend on rent. This means more Filipino families are no longer just dreaming of a home but are now able to call one their own,” Acosta said.
